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If the bar is green it means the last price in that 15 minute period was higher than the price at the start of the 15 minutes.If the bar is red, it means the last price is lower than the first.
If the bar is red, then as indicated before the close is lower than the open.The drawback is that you may not be trading with all the information you need. Figure 3 shows a different style of chart, which shows more data, called a Candlestick chart.The candlestick chart below only shows the data from 15/08, the last couple days shown on the line chart (figure 2). EUR/USD 15 Minute Chart Each bar on this chart represents 15 minutes.to be profitable if you don’t use an honest broker, no matter how skilled you are in reading charts.Now let’s get on to the actual charts and how to use them.